Sale
South Africa

2

Beds

2

Baths

66 m²

Floor area

Apartment 2 beds 2 baths 66 m²

About this property

This well-positioned 66 m² second-floor apartment in the sought-after suburb of Glenwood, Durban, offers comfortable, low-maintenance living ideal for professionals, small families, or astute investors.

The fully tiled open-plan lounge and dining area is bright and generously proportioned, featuring a large sliding door that leads out to a private balcony — a pleasant spot for a morning coffee with views over the tree-lined street. A modern kitchen with granite countertops and ample built-in cupboard space flows seamlessly from the living area.

Both bedrooms are well-sized and fitted with built-in cupboards. Two bathrooms serve the unit. The complex benefits from an evening security guard, regular cleaning of common areas, and one allocated open-bay parking space under a shade canopy — with satellite dishes visible per unit.

Kingsley Gardens park is approximately 110 m away, and The Glenwood Bakery is within 145 m. Berea Centre shopping mall is roughly 530 m straight-line distance, while Sycamore Academy school is approximately 360 m away — supporting the listing's claim of walking distance to schools. Lollypopz Preschool is also close by at under 300 m.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge / Dining
Balcony
Parking

Features & amenities

securitytiledgranite countertopsbuilt in cupboardsopen planlow maintenancenear schoolssecurity guardtiled throughoutopen plan living

Price & ownership

Asking price R 980 000
Price per m² R 14 848
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 980K
Taxes + legal + admin fees R 22,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 980 000
  • Deeds Office (transfer) R 852
  • Conveyancing (est., incl. VAT) R 21 551
  • Deeds lodgement R 52
  • Total indicative R 1 002 455

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 9 254 /month

Total paid over 20 years (deposit + repayments): R 2 319 065

Deposit 10% · R 98 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 882 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.